---
title: 'How Much Do You Need to Make to Afford a Honda CR-V?'
source: 'https://youtube.com/watch?v=hL3XIXTm72w'
video_id: 'hL3XIXTm72w'
date: 2026-08-05
duration_sec: 67
---

# How Much Do You Need to Make to Afford a Honda CR-V?

> Source: [How Much Do You Need to Make to Afford a Honda CR-V?](https://youtube.com/watch?v=hL3XIXTm72w)

## Summary

This video analyzes the affordability of a Honda CR-V using the 25/10 rule, a guideline for car purchasing. It calculates the required monthly income and annual salary needed to comfortably own the vehicle, considering down payment, loan term, and total car expenses.

### Key Points

- **Honda CR-V Starting Price** [00:01] — The Honda CR-V, one of the best-selling SUVs in America, starts at $30,920.
- **The 24/10 Rule** [00:01] — The traditional rule suggests a 20% down payment, financing for no more than 4 years, and total car expenses not exceeding 10% of gross monthly income.
- **Financing Options** [00:16] — Financing over 4 years results in a $575 monthly payment, while a 5-year (60-month) loan reduces it to $472 per month.
- **True Cost to Own** [00:31] — Using Edmunds.com's True Cost to Own calculator, insurance and maintenance for the CR-V average $205 per month.
- **Income Calculation** [00:43] — Multiply monthly car expenses by 10 to get required monthly income, then by 12 for annual salary. For the CR-V, this yields an annual salary of $81,240.
- **Final Salary Requirement** [00:59] — The video concludes that a salary of $93,600 is needed to comfortably afford the Honda CR-V.

### Conclusion

The video demonstrates that using the 25/10 rule, a comfortable income for a Honda CR-V is around $93,600 annually, which may be higher than many expect.

## Transcript

Honda CRV, one of the best-selling SUVs in America? This one starts at $30,920. In the past, we would use the 24/10 rule to figure that out. That's where you put a 20% down payment on a car, finance the car for no more than 4 years, and you
can't spend more than 10% of your gross monthly income on total car expenses. these days because if you finance that amount over 4 years, your total payment is 575 a month, but if we finance it over 5 years or 60 months, then our
estimated total monthly payment is 472, and that's more reasonable. Using the edmunds.com true cost to own calculator, we actually find out that the Honda CRV insurance and maintenance cost per month are roughly $205 per month. This is our
multiply this by 10 to get our monthly income needed, then multiply this by 12 to get our annual salary needed. So, to comfortably afford a Honda CRV using the 25/10 rule, we need to make an annual salary of around $81,240.
$93,600 to comfortably afford this car. So, what are your thoughts? Was this more or less than you expected?